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Message
re: Alibaba IPO
Posted on 9/18/14 at 10:30 pm to jondavid11
Posted on 9/18/14 at 10:30 pm to jondavid11
quote:
I've owned china based BIDU for years and it's gone from $31 (after 10/1 split) to $219 as of today.
Not worried about China based but not happy that stock holders will get no claim on the assets, or management decisions of Alibaba, but rather "Cayman Islands Contractual Rights".
It's the Jack Ma show, ladies and gentlemen, step right up and grab your "Cayman Island Contractual Rights". Too snake oil!
1
Posted on 9/18/14 at 11:08 pm to Blakely Bimbo
quote:
Not worried about China based...
I am.
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